Mortgage Rates Fall Again Last Week
Washington, DC, April 17, 2014 -- Average 30-year mortgage rates fell to 4.27% from 4.34% last week, according to Freddie Mac.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
QEP Subsidiary Acquires French Tile Tools Business
Boca Raton, FL, April 16, 2014 – Q.E.P. Co. said it’s wholly-owned French subsidiary PRCI completed the purchase of the Tomecanic and Bénètiere trade names and other assets of the two businesses.
ALJ Acquires Floors N More of Las Vegas
Las Vegas, NV, April 17, 2014 -- ALJ Regional Holdings said it has completed the acquisition of Floors N More, doing business as Carpets N' More.
Atlanta Rug Market Set July 9-12
Atlanta, GA, April 17, 2014 -- Atlanta International Area Rug Market is scheduled for July 9-12 at the AmericasMart.
Manufacturing Sentiment Up Sharply in April
Philadelphia, PA, April 17, 2014 -- Manufacturing sentiment in the Philadelphia region improved in April, according to the Philadelphia Fed’s manufacturing index.
Initial Jobless Claims Tick Up Last Week
Washington, DC, April 17, 2014 -- Initial claims for state unemployment benefits edged up to 304,000 last week, according to the Labor Deparment.
Sherwin-Williams Reports Higher Sales, Lower Income
Cleveland, OH, April 17, 2014 -- The Sherwin-Williams Company reported that first quarter net sales increased $199.4 million, or 9.2%, to $2.37 billion, due primarily to higher paint sales volume and acquisitions.
Housing Starts Rise in March
Washington, DC, April 16, 2014 -- Housing starts rose 2.8% in March to a seasonally adjusted rate of 946,000, according to the Commerce Department.
Mortgage Application Volume Up on Refinancing
Washington, DC, April 16, 2014 -- Mortgage application volume rose 4.3% last week from the week before, according to the Mortgage Bankers Association’s weekly survey.
Building Permits Decrease in March
Washington, DC, April 16, 2014 -- Building permits fell 2.4% in March to an annual rate of 990,000.